This followed a joint statement by Prime Minister Dr Navin Ramgoolam and Seychelles President James Michel at the signing of two treaties at the Clarisse House, Vacoas on Tuesday.
The treaties will extend the continental shelf to 3,96,000 kilometre square. This includes the treaty concerning the Joint Exercise of Sovereign Rights over the Continental Shelf in the Mascarene Plateau Region, and the treaty dealing with the Joint Management of the Continental Shelf in the Mascarene Plateau Region.
“Through this historical agreement Mauritius will now have access to more resources at sea, which is of strategic importance for the country’s development,” said Ramgoolam. He added that this is a new chapter in the history of the country.
Michel applauded the rapidity with which both countries reached an agreement for the joint jurisdiction over the extended continental shelf. The drafting and negotiation process was assisted by the Commonwealth.
Both leaders welcomed the proposed setting up of an economic and commercial zone in the IOC region.
Ramgoolam will attend the Seychelles Independence Day ceremony as chief guest on June 18.